CSH Talk by Erik Stam “The Entrepreneurial Economy as a Complex Evolving System”
Oct 05, 2023 | 15:00—16:00
Event Navigation
Erik Stam (Utrecht University & Stellenbosch University) will present a talk on Thursday, October 5th, 2023 from 3 – 4 PM in the Salon.
Title: The Entrepreneurial Economy as a Complex Evolving System
Abstract: Entrepreneurship is a key driver of economic change and development, but is also highly dependent on local conditions that hardly change over time. Understanding the long-term evolution of regional economies necessitates a shift from comparative static analyses to an evolutionary approach that captures entrepreneurial economies as complex evolving systems. Using this complex evolving systems lens we investigate how the regional conditions for entrepreneurship and the prevalence of entrepreneurship change over time and how they are related. We conceptualize the entrepreneurial economy as an entrepreneurial ecosystem, a set of interdependent actors and factors that are governed in such a way that it enables productive entrepreneurship in a particular territory. We develop a new use of complex systems science to analyze interdependence and emergence in the system and to trace the evolution of the system.
Bio: Erik Stam (1975) is a Full Professor of Strategy, Organization, and entrepreneurship, Board Member of Strategic Research Theme Institutions for Open Societies, and Faculty Director of the Center for Entrepreneurship at Utrecht University. At Utrecht University he is also a member of the advisory boards of the Centre for Complex Systems Studies (CCSS) and the Centre for Global Challenges (UGlobe).
He is an Extraordinary Professor of Economics and co-director of the Allan Gray Centre for Africa Entrepreneurship at Stellenbosch University (South Africa).
He was Dean of the Utrecht University School of Economics. He held positions at Erasmus University Rotterdam, the University of Cambridge, the University of Oxford, the Max Planck Institute of Economics (Jena, Germany), IMT School for Advanced Studies (Lucca, Italy), and the Netherlands Scientific Council for Government Policy (WRR). He is editor of the journals Entrepreneurship Theory and Practice and Small Business Economics.
He is a leading scholar of entrepreneurial ecosystems, engaged in the science and practice of entrepreneurship-led development, both locally and globally. He has (co-)authored more than a hundred books, book chapters, and articles on this and related topics. Next to his scientific work, he is often consulted by governments, at the local, regional, national, and international level (European Commission, OECD, G20, World Bank), and by start-ups, investors, and corporates on innovation and entrepreneurship.
Zoom Link: https://us06web.zoom.us/j/81514815860